Netflix Inc. stock falls Thursday, underperforms market

Netflix Inc. stock falls Thursday, underperforms market

Shares of Netflix Inc. NFLX, -2.49% shed 2.50% to $477.58 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 3,235.66 and Dow Jones Industrial Average DJIA, -1.30% falling 1.31% to 26,652.33. This was the stock’s third consecutive day of losses. Netflix Inc. closed $97.79 short of its 52-week high ($575.37), which the company reached on July 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. AMZN, -3.65% fell 3.66% to $2,986.55, Walt Disney Co. DIS, -0.76% fell 0.76% to $118.12, and Comcast Corp. Cl A CMCSA, -0.18% fell 0.19% to $42.49. Trading volume (7.7 M) remained 37,506 below its 50-day average volume of 7.7 M.

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